Question

Cameron is going on holiday to Spain.. He needs to change some money into euros. He can only change his money into €20 or €50 notes. Cameron has up to £540 to change. He wants to take as many euros as possible. The exchange rate is £1=€1.27. How many euros will Cameron get?

Answer 1

Cameron will get 10 €50 notes and 2 €20 notes, totaling 540 euros.

Step-by-step explanation:

To calculate how many euros Cameron will get, we need to divide the pounds he wants to change by the exchange rate. Cameron has up to £540, which we will divide by the exchange rate of £1=€1.27. First, let's find out how many €50 notes he can get. We divide £540 by 50 and round down to the nearest whole number, which is 10. This means he can get 10 €50 notes. Next, let's find out how many €20 notes he can get. We subtract the amount we used for the €50 notes from £540, which gives us £40. Then we divide £40 by 20 and again round down to the nearest whole number, which is 2. This means he can get 2 €20 notes. So in total, Cameron will get 10 €50 notes and 2 €20 notes. To calculate how many euros this is in total, we multiply 10 by 50 and add it to 2 multiplied by 20. This gives us 500 + 40, which equals 540 euros.

Cameron will get 10 €50 notes and 2 €20 notes, totaling 540 euros.